US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted
BPDBIN01CAQ637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,377,619,712.94
Year-over-Year Change
9.35%
Date Range
1/1/1990 - 10/1/2013
Summary
This economic trend measures the total U.S. dollars spent on imports and exports of goods and services on a quarterly basis. It is a key indicator of the U.S. trade balance and economic health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Dollars, Sum Over Component Sub-periods indicator tracks the total value of U.S. international trade transactions, including exports and imports of goods and services. This comprehensive metric is used by economists and policymakers to assess the overall state of the U.S. economy and its trade position.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of international trade transactions.
Historical Context
The trade balance, as measured by this indicator, is closely watched by the Federal Reserve and other institutions to inform economic and trade policy decisions.
Key Facts
- The U.S. trade deficit reached a record high of $84.9 billion in March 2022.
- Trade deficits are typically financed by foreign investment in U.S. assets.
- Rapid changes in the trade balance can impact domestic employment and prices.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of U.S. imports and exports of goods and services on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The trade balance, as measured by this indicator, is a key metric used by economists and policymakers to assess the overall health of the U.S. economy and its trade position.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of international trade transactions.
Q: How is this trend used in economic policy?
A: The trade balance, as measured by this indicator, is closely watched by the Federal Reserve and other institutions to inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical delay of several weeks.
Related Trends
Credit to Government and State-Owned Enterprises to GDP for Canada
DDEI08CAA156NWDB
Balance of Payments: Goods: Revenue for Canada
CANB6CRTD01CXCUSAQ
Bank Capital to Total Assets for Canada
DDSI03CAA156NWDB
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Canada
CANSARTQISMEI
Real Gross Fixed Capital Formation for Canada
NFIRSAXDCCAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Canada
CANCP050000GYQ
Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted (BPDBIN01CAQ637S), retrieved from FRED.